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Ukrainian corn exporters increased FOB offers after CBOT corn futures fell nearly 3%. Traders are taking profit after a month of rising prices, and domestic CPT levels fell about 3% to $224-225/mt.
Harvest is over 50% complete.
Increased export offers and profit-taking are pressuring Black Sea FOB corn values, though some sources expect prices to rebound on lower production.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.